Symbio Robotics has received cash from the UC Berkeley-linked House Fund as it announces its official company launch.
Symbio Robotics, a US-based industrial manufacturing technology developer, has officially launched with $30m in funding from investors including the University of California, Berkeley-focused House Fund.
The investment was led by Acme Capital, with further contributions from Andreessen Horowitz and Eclipse Ventures.
Founded in 2014, Symbio Robotics has developed an industrial robotics middleware and programming framework that allows developers to tap into real-time sensor information to increase the efficiency and safety of industrial robots.
The company previously raised $14.6m in a 2018 funding round backed, according to the Wall Street Journal, by Andreessen Horowitz and Eclipse Ventures.
A regulatory filing from September 2020 indicates that Symbio had raised $11.5m towards a $20m target for its latest round, but its announcement regarding the $30m total investment suggests it closed the round at $15.4m.
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
